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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

Jefferies trims Tesla price target and flags potential “SpaceX tracker” risk
The Apex Times

THE APEX TIMES

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Caterpillar backlog is emerging as a bigger driver inside the Dow as investors rethink what matters most, analysts say
The Apex Times

THE APEX TIMES

Business / The Apex Times

Caterpillar backlog is emerging as a bigger driver inside the Dow as investors rethink what matters most, analysts say

SPDR Dow Jones Industrial Average ETF Trust (DIA) has gained roughly 7% year to date and nearly 22% over the past year, but returns are increasingly being shaped by different underlying drivers. One is Caterpillar’s power generation backlog, which a market analysis argues may deserve more attention than Apple’s influence on the index.

Jun 22, 4:36 AM EDT
Apple links its AI push to devices, services, and Siri as competition heats up
The Apex Times

THE APEX TIMES

Business / The Apex Times

Apple links its AI push to devices, services, and Siri as competition heats up

A recent market note frames Apple’s approach as centered on what it already controls: iPhone, iPad, Mac hardware, Apple’s services ecosystem, and Siri. The same piece also highlights how the stock is viewed through dividend-focused investing channels.

Jun 22, 4:06 AM EDT